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First Milling Co (SAU:2283) Days Sales Outstanding : 3.96 (As of Mar. 2024)


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What is First Milling Co Days Sales Outstanding?

First Milling Co's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼12.0 Mil. First Milling Co's Revenue for the three months ended in Mar. 2024 was ﷼276.4 Mil. Hence, First Milling Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.96.

The historical rank and industry rank for First Milling Co's Days Sales Outstanding or its related term are showing as below:

SAU:2283' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.08   Med: 1.71   Max: 5.25
Current: 5.25

During the past 3 years, First Milling Co's highest Days Sales Outstanding was 5.25. The lowest was 1.08. And the median was 1.71.

SAU:2283's Days Sales Outstanding is ranked better than
95.33% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SAU:2283: 5.25

First Milling Co's Days Sales Outstanding declined from Mar. 2023 (5.68) to Mar. 2024 (3.96).


First Milling Co Days Sales Outstanding Historical Data

The historical data trend for First Milling Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

First Milling Co Days Sales Outstanding Chart

First Milling Co Annual Data
Trend Dec21 Dec22 Dec23
Days Sales Outstanding
1.08 1.71 2.13

First Milling Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.68 8.34 3.90 2.37 3.96

Competitive Comparison of First Milling Co's Days Sales Outstanding

For the Packaged Foods subindustry, First Milling Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


First Milling Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, First Milling Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where First Milling Co's Days Sales Outstanding falls into.



First Milling Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

First Milling Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (6.182 + 5.08) / 2 ) / 964.261*365
=5.631 / 964.261*365
=2.13

First Milling Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (5.08 + 18.94) / 2 ) / 276.449*365 / 4
=12.01 / 276.449*365 / 4
=3.96

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


First Milling Co  (SAU:2283) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.


First Milling Co Days Sales Outstanding Related Terms

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First Milling Co (SAU:2283) Business Description

Traded in Other Exchanges
N/A
Address
Jeddah Islamic Port, between gates 7 and 8, PO Box: 16165, Jeddah, SAU, 22312
First Milling Co operates as a producer of flour-based products and byproducts. It is mainly engaged in producing flour, bran, wheat derivatives, and animal feed. The Company operates in four regions in the Kingdom of Saudi Arabia, which are its reportable segments.

First Milling Co (SAU:2283) Headlines

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